So if you’ve believing all the headlines hating on Intel stock, you might be surprised to learn that INTC is up about 10% in the past three months. And you might be even more surprised to learn that Wall Street thinks this is only the beginning of the upside for INTC stock in the months ahead.
Intel stock certainly isn’t the sexiest name in tech. But don’t think that means it’s incapable of modest growth in 2014. And given that sentiment on high-growth-but-low-profit tech stocks has crumbled, taking shelter in a high dividend stock like INTC could be a good way to get a bit defensive but still play the upside in tech across the rest of the year.